parag ab

Don't let your hard-earned money vanish into thin air! 💸 Financial frauds are everywhere, and they're getting smarter. Here's your quick guide to spotting and dodging them like a pro. (No, seriously, your bank won't ask for your OTP.)

Prompt3: To reach X crore corpus (inflation adjusted) how much yearly growth is needed in the income? Also consider increase in expenses as the age & responsibilities grows.

Prompt2: Consider salary hike of 3% each year. Now show projections for next few years along with the age and secured corpus.

Your #future_wealth status at a glance: Open Any LLM Prompt1: a person X years old, earns X rs/month, spends X rs on mandatory expenses Can you show how an ideal cashflow should look like for this person? Also show a table what the financial status will be in next 5-20 years?

Dhurandhar sales? 1000 cr sir. Where did Iran attack latest? Dubai sir. IPL? 28th March sir. Nifty today? 300 points down sir. Lockdown? Not confirmed, just checked sir. How much protein in last meal? Don’t know sir. How many steps today? No clue sir. Did you workout today? No sir. You have become a news reporter. Consuming nonsense news which doesn’t affect you. Start focusing on your health and business. Create more than you consume. Talk about your growth. Talk about your life.

@kumardeepak1587 @abcapital

5/5 Rule 4: Stop window shopping for loans. 🛑 Every time you hand over your PAN for "eligibility checks," your score takes a tiny hit. Checking your own score is fine; let the banks come to you with pre-approved offers instead. Patience is literally money! 💰 #MoneyMatters

4/5 Rule 3: Don't be "Credit Hungry." 🍕 Keep your Credit Card usage below 20%. If your limit is ₹1 Lakh and you spend ₹90k every month, the bank thinks you’re starving for cash. Stay slim on the utilization to look "financially fit." 🏃‍♂️ #CreditCard #WealthManagement

1/5 Building a great credit score isn't rocket science, but it does require more discipline than your "Gym in January" resolution. 🏋️‍♂️ If you want the bank to love you back, here’s the cheat sheet for the Indian borrower. 🧵 #PersonalFinance #CreditScore #MoneyTips

That's the real game. If you are a good boss, all your 3 teams will thrive. Make sure you keep them separate from each other and have crystal clear goal set for each one of them; and never let them overlap the roles.

3> At last, there is a significant number of employees you would want to put at real hard work. Because your "Team provider" & "Team protector" are doing excellent job, you give enough freedom to "Team Growth". You let them go little high-risk realms & bring in more warriors.

Be the boss of your 💰 Robert Kiyosaki a well known #PersonalFinance coach mentioned in his famous book - "Once a dollar goes into your asset column, it becomes your employee" Let's try to extend this idea further. 👇

But be mindful Miss on Step 1 & 2 and the game is over for you!! 6/n

5>Rotate that borrowed money to buy more assets (with ROI bigger than the credit's interest) 7>With better Credit Score and great repayment history, take more Credit on lowest possible rate 8>Repeat 5/n

"Credit works great" for those who actually doesn't need it If you don't have #surplusCash you will end up spending your entire income (& potentially get into debt trap) If you have a surplus, you can circulate it to make more of it. #PersonalFinance 1/n